Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Position Reduced by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 37.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,859 shares of the company’s stock after selling 8,811 shares during the period. Bank of New York Mellon Corp’s holdings in Fidelity MSCI Energy Index ETF were worth $354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. New Wave Wealth Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF during the fourth quarter worth $27,000. Global Retirement Partners LLC raised its holdings in shares of Fidelity MSCI Energy Index ETF by 3,140.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,426 shares of the company’s stock worth $34,000 after purchasing an additional 1,382 shares during the period. Kestra Investment Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 4th quarter worth about $39,000. LRI Investments LLC boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 791.2% in the 3rd quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock valued at $118,000 after buying an additional 4,027 shares during the period. Finally, Jackson Grant Investment Advisers Inc. bought a new stake in shares of Fidelity MSCI Energy Index ETF during the 4th quarter valued at about $150,000.

Fidelity MSCI Energy Index ETF Stock Down 0.5 %

Shares of NYSEARCA FENY opened at $25.28 on Friday. The firm’s 50-day moving average price is $24.85 and its two-hundred day moving average price is $24.84. Fidelity MSCI Energy Index ETF has a 52-week low of $22.72 and a 52-week high of $27.11. The stock has a market capitalization of $1.55 billion, a P/E ratio of 14.83 and a beta of 1.22.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.